-
The carrier had $300mn of favorable development in Q3, mostly led by short-tail lines and ex-workers' comp. -
The Insurance Insider US news team runs you through the earnings results for the day.
-
The conglomerate expects pre-tax losses from Hurricane Milton of between $1.3bn-$1.5bn in Q4.
-
The company has grown its premium base by 12% annually over the last five years.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
Arch is assuming an industry loss related to Helene in the $12bn-$14bn range.
-
Middle market premiums were lower in Q3, but the company is confident growth will resume in Q4.
-
Executives noted that US casualty and professional lines development has been close to flat this year.
-
The company’s reshaping of the book will be substantially completed by year end.
-
The insurer has been focused on growing products with lower cat exposure such as pet and renter’s insurance.
-
The broker posted a net loss of $1.67bn including pre-tax non-cash losses.
-
Rate deceleration in property cat increased in September, and property pricing overall was down in Q3.
Most Recent
